MARTIN MARIETTA MATERIALS INC - 8-K Filing
Martin Marietta Materials agreed to acquire Lhoist North America for $13.5 billion, consisting of $7 billion in cash and 10,953,543 shares valued at $6.5 billion. The deal is subject to regulatory approvals by October 31, 2026, with a possible extension until June 15, 2027; failure to obtain approval could result in a $350 million termination fee. Post-closing, LNA Holding will own ~15% of Martin Marietta's stock and gain board representation rights under a shareholders agreement. (Items: 1.01 Entry into a Material Definitive Agreement, 3.02 Unregistered Sales of Equity Securities, 8.01 Other Events, 9.01 Financial Statements and Exhibits)
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